California Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC

• Category: Corporations - Public - Management
• State: Multi-State
• Control #: US-EG-9371
• Format: Word; Rich Text

Description

Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC regarding provision of investment advisory and administrative services dated 00/00. 8 pages. The California Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC is a legally binding document outlining the terms and conditions of the partnership between these entities. This agreement governs the management of the Tax-Managed Growth Fund in California and specifies the roles and responsibilities of both parties involved. Prudential Tax-Managed Growth Fund is a mutual fund designed to provide investors with long-term capital appreciation and tax efficiency. It aims to achieve this by investing in a diversified portfolio of growth-oriented equity securities. Prudential Investments Fund Management, LLC serves as the investment advisor responsible for managing the fund's assets and making investment decisions on behalf of the shareholders. The California Management Agreement outlines the investment objectives, strategies, and guidelines that Prudential Investments Fund Management, LLC must adhere to while managing the Tax-Managed Growth Fund in California. It provides detailed instructions on asset allocation, risk management, and the selection of individual securities within the fund's portfolio. Under this agreement, Prudential Tax-Managed Growth Fund grants Prudential Investments Fund Management, LLC the authority to make investment decisions in accordance with the stated objectives and policies of the fund. It also establishes the compensation structure for the investment management services provided by Prudential Investments Fund Management, LLC, typically based on a percentage of the fund's assets under management. In addition to the general California Management Agreement, there may be variations or specific types of agreements based on different factors. This could include contractual differences in compensation arrangements, fee structures, or additional provisions based on the fund's specific investment strategies or regulatory requirements. Named variations might include the California Tax-Managed Growth Fund Performance Agreement or California Investment Guidelines Agreement, tailored to address specific aspects relevant to performance evaluation or adherence to investment guidelines in managing the Tax-Managed Growth Fund in California. Overall, the California Management Agreement plays a crucial role in ensuring effective communication and alignment of interests between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. It establishes a framework for the fund's management activities, protecting the interests of shareholders and promoting prudent investment practices in the California market.

The California Management Agreement between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC is a legally binding document outlining the terms and conditions of the partnership between these entities. This agreement governs the management of the Tax-Managed Growth Fund in California and specifies the roles and responsibilities of both parties involved. Prudential Tax-Managed Growth Fund is a mutual fund designed to provide investors with long-term capital appreciation and tax efficiency. It aims to achieve this by investing in a diversified portfolio of growth-oriented equity securities. Prudential Investments Fund Management, LLC serves as the investment advisor responsible for managing the fund's assets and making investment decisions on behalf of the shareholders. The California Management Agreement outlines the investment objectives, strategies, and guidelines that Prudential Investments Fund Management, LLC must adhere to while managing the Tax-Managed Growth Fund in California. It provides detailed instructions on asset allocation, risk management, and the selection of individual securities within the fund's portfolio. Under this agreement, Prudential Tax-Managed Growth Fund grants Prudential Investments Fund Management, LLC the authority to make investment decisions in accordance with the stated objectives and policies of the fund. It also establishes the compensation structure for the investment management services provided by Prudential Investments Fund Management, LLC, typically based on a percentage of the fund's assets under management. In addition to the general California Management Agreement, there may be variations or specific types of agreements based on different factors. This could include contractual differences in compensation arrangements, fee structures, or additional provisions based on the fund's specific investment strategies or regulatory requirements. Named variations might include the California Tax-Managed Growth Fund Performance Agreement or California Investment Guidelines Agreement, tailored to address specific aspects relevant to performance evaluation or adherence to investment guidelines in managing the Tax-Managed Growth Fund in California. Overall, the California Management Agreement plays a crucial role in ensuring effective communication and alignment of interests between Prudential Tax-Managed Growth Fund and Prudential Investments Fund Management, LLC. It establishes a framework for the fund's management activities, protecting the interests of shareholders and promoting prudent investment practices in the California market.